SFA funding reform update for 2013/14
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SFA funding reform update for 2013/14. 1 March 2013. Nick Linford Managing Director of Lsect Editor of FE Week. New 19+ ‘simple’ and ‘streamlined’ funding. First edition published in October. Second edition published February. Third edition published June.

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SFA funding reform update for 2013/14

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Sfa funding reform update for 2013 14

SFA funding reform update for 2013/14

1 March 2013

Nick LinfordManaging Director of LsectEditor of FE Week


Sfa funding reform update for 2013 14

New 19+ ‘simple’ and ‘streamlined’ funding

First edition published in October

Second edition published February

Third edition published June

Funding rules published end of Jan

‘Funding Handbook’ due soon…

Implementation from Aug 2013


Sfa funding reform update for 2013 14

SFA funding formula

Current (since 08/09)

New (from 13/14)

Learner responsive (LR)

Employerresponsive (ER)

Single Adult Skills Budget and formula

SLN Guided Learning Hours (SLN GLH)

Cash qualification rates based on a ‘QCF matrix’

Standard Learner Numbers (SLNs)

National funding rate

National funding rate

Disadvantage and area cost uplift

Weighted co-funding

Unweighted co-funding

Monthly in-year funding

Provider factor

Monthly in-yearfunding

Achievement value 20% (half available for Job Outcome Payment)

Achievement 25% (of main qual for apprenticeships)

Retention and achievement in success factor


Sfa funding reform update for 2013 14

2013/14 ‘Simplified’ Funding Rates

No change from June 2012 doc


Sfa funding reform update for 2013 14

Return of bands, but funding by QCF credit


Sfa funding reform update for 2013 14

The bands based on pounds per QCF credit

Average of £44 per credit

Funding per credit (from learning rates matrix)


Sfa funding reform update for 2013 14

Example NCFE qualifications


Sfa funding reform update for 2013 14

‘Simple’ funding formula for 2013/14

QCF Rate from matrix

Disadvantage uplfit

Area cost uplift

x

= £

x

Note:

Apprenticeship qual rates unchanged

Achievement worth 20%

Job outcome payment only for eligible learners, who withdraw by get a job, minimum of 16 hours per week for 4 weeks, worth 10% (ie 50% of achievement)

Monthly in-year funding, with double payment in month one


Sfa funding reform update for 2013 14

Apprenticeships

“Given the major change in the longer term, it as been decided not to proceed in 2013/14 AY with applying the simplified approach to setting Apprenticeships rates to existing frameworks that is being adopted for wider FE qualifications. This approach will, however, be applied for new Apprenticeship frameworks where these are developed. This will ensure that all new funding rates will in future link more transparently to the cost of the component qualifications, with account taken of the additional activities involved in Apprenticeship delivery. All other simplification changes to the system will continue to be made.”

Skills FundingStatementDec 2011


Sfa funding reform update for 2013 14

Q&A


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